Everybody in this world is bond to make mistakes, that is to say that mistakes are inevitable.As we all know many people do bank transactions everyday using mobile banking apps, USSD code or even going to the bank.
1.You have a clear life purpose. That doesn't mean you 're waking up with the intention of making tons of money every day. It means knowing what you want, and knowing how to work hard. I knew I needed to spend more wisely for myself, so I trusted a friend who had really done well, financially. I created a spreadsheet with her help that I could use to track my spending. 2.You don’t look for a quick fix; you’re patient. So many programs I have seen claiming to make you millions of dollars overnight. The headlines
If China started demanding that America pay back all of its debt right now, would Donald Trump allow it? That isn’t how America’s debt works. China - and other countries, banks, investors and people - buy United States bonds that have a fixed value and a fixed redemption date. No one can demand payment early - they would be laughed at if they tried. However if they needed to sell, they could sell their U.S. Bond to a third party. So, for example, if I owned a $1,000 Bond that was due in December 2021 and
The Bible says that what shall it profit a man to gain the whole world and loses is soul. Therefore, you need to surrender your life to the Almighty God and ask for his forgiveness. Wherever you are now, quickly pray with these Psalms. Psalms 146:2-4 Verse 2: I will praise the Lord all my life; I will sing praise to my God as long as I live. Verse 3: Do not put your trust in princes, in human beings, who cannot save. Verse 4: When their spirit departs, they return to the ground; on that very day their plans
Photo: Facebook. All over the world, many individual have many ways of making money or adding more wealth to themselves. Many wealthy individual in the world don't only depend on one source of income. It is known all over the world that almost all the wealth and successful individuals have assets that bring money and long term wealth for them . The question most people ask is that what are these assest these people have that is making them rich. In this article I would be writing about eight assests that are
Absolutely, our current generation do not necessarily depend on saving all our life savings in our bank account. Most often people fail to have the idea of investing, they save and when they make use of it none will be left. Not only that you save money in bank, upon that you are still charged monthly. Why not move your money to a place that it will always yield a good interest and value for you. As a civil servant or as a self-employed person, you can make a way for your future through little investments that
The recently announced approval of the intention of the Oyo state government to issue a N10Obn bond to finance certain medium/long term infrastructural projects calls for concern and swift action from well meaning citizens and residents of Oyo state to prevent GSM led government from plunging the state into eternal bankruptcy. Ordinarily, i would have remained silent on this as usual, as this may be misconstrued by PDP apologists as another expected blind criticism from the opposition. However, the implications
If you're interested in investing, getting a good grounding in investing is essential. To help get you started in investing, we have put together this guide to investing for beginners. The first thing you need to understand when learning about investing is the basic definition. Start learning about investments, common investing terminology, what to watch out for, etc. There's a lot of useful information available, but at first it isn't too complicated if you just start to slow down a little. Investing is simply
We all make money but what we spend on really matters and go a long way to define your financial personality. One of the key thing that differentiates between the rich and poor is what they spend money on. They have different perspective about money, how they appreciates or depreciates their money. It all boils down to their spending habits. The spending habits of the rich can be seen in their budgeting and how they curtail all forms of unnecessary frivolities and stop all undisciplined acts. They break down
Saving for a child today is a wonderful gift for their future.So, If you're a parent or planning to become one soon, you can take advantage of this easy method to set your child up for financial success.
3 Financial Skills Every Aspiring Millionaire Must Know One of the most important skill very aspiring millionaire must have is 'Financial Skill'. In other to boost your standard of living and bring yourself out of financial crisis, it's very imperative you learn some financial skills. Without wasting much of our time, below are 3 financial skill every aspiring millionaire must know. 1. You can't become rich by saving money. While it is a good practice to save money for future purposes, it will never make you
In the first part of my article on wealth Creation, I discussed about 10 major reasons for you to invest your money.In this part I will be discussing on where you can invest you money.In today's digital world, there is no shortage of information on investing available in the media.But too much of information can be overwhelming.When figuring how to invest money, what best to figure out your investment s and determining where to invest money to best achieve each goal. Let's take a look at 5 places where you
Investment Mentality: 7 Important Things You Should Do When You Have or Win Huge Amount Of Money. Let’s be sincere there are a lot of people who either have some large amount thrown to them or even win in a lotto, but fast-forward to 3 years, they either declare bankruptcy or there are broke. Many think they can do very well with huge amount of money thrown to them. But this is not so, it takes skill and expertise to know how to deal with big money. Therefore, in this write we want to look at the 7 things
Investment portfolio needs to be categorised to know where it belongs to and how to classify it. Knowing the category of the investment also influences the risk level to know the capacity you can invest your hard-earned money. There are three types of risk; LOW RISK INVESTMENT This is an extreme low level of risk. Your capital is always safe but interest rate fluctuating between certain range because of market movement and amount paid into the investment. Savings account,government bonds, fixed deposit and
Figuring out how to invest money can be a real challenge and very tasking. And I’m sure you’ll agree with me when I say: There’s certainly no shortage of information on investing available in this digital age. However, too much information can be overwhelming. Right? That’s why we made a guide to help you get a solid grasp of investing. It’s the perfect resource for beginners who want to start investing money in order to reach their financial goals. Here are ways you can invest with a great return
OPINION: How Nigerians are indirectly paying banks to keep their money. It is not the alert charges.
Nigeria has recorded unprecedented supply of money in the country. As of July 2020, the total money in supply was 36.8 trillion naira, according to news on Nairametrics. This indicates an increase of about 2 trillion naira from the amount recorded in December last year. Truly, keeping money in banks and other fixed income securities is the choice of risk averse people but this does not support economic growth because there will be no new investments and business ventures in the real sectors of the economy. For
As a student, it is advisable to invest early because you would be moving into the business world as soon as you are done with your studies and one of the best things you can do for yourself is to have an investment waiting for you. Investing is as important as having the right knowledge needed to do so. Today I will be discussing some of the things you can invest money in as a student. Invest In Bonds As a student with as low as N5000 you can invest in bond. Investing in bonds is like you borrowing money to
Vessels are being unloaded at a terminal of Yangshan Deep Water Port, Shanghai, Oct. 25. Many of the vessels carry the products to be exhibited at the third China International Import Expo. By Ouyang Jie China has seen new highlights in its financial industry. FTSE Russell, one of the world’s three main bond index providers, announced recently that it will add Chinese government bonds to the FTSE World Government Bond Index. The move will enable international investors to enter the Chinese bond market through
The Covid-19 pandemic has certainly done more damages in Nigeria than one could envisage when it was first discovered in China last year. Fast forward to the month of March, Nigeria found itself groping for the way forward after the nationwide lockdown was imposed by the Federal Government. The lockdown and the ensued economic crisis has forced the governments at various levels in Nigeria to resort to different kind of borrowing plans to help finance its numerous goal projects, cutting across economy and infrastructure.
Financial Investment is a good way to grow one's finances. It is an asset or item you acquire with the aim of generating more profits over time. Investment comes with great profit and also with great risks, however you can manage and prevent risks with the right knowledge. There are different investment opportunity available, some of the most common of them are: 1. Mutual Funds: This investment involves the purchase of securities. This is a partnership investment done between two or more investors who share